Global airline alliances: transformed by antitrust immunity but confronted by uncertainty – Part 1

Antitrust immunity and metal neutrality have changed the shape of the "poor man's merger" for good. As the global alliances become bigger and more powerful, internal differences grow and new challenges emerge. Are they the way of the future or just a blind alley? In the first of a four-part series, we examine the role of metal neutral ATI and its global implications, as well as the specific impact of this ATI for the various members of the alliances.